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Business

CBN, NIBSS To Transform Remittance Flows With Investment-Driven Approach

The Central Bank of Nigeria (CBN), along with the Nigeria Inter-Bank Settlement System (NIBSS), Nigerian banks, and International Money Transfer Operators (IMTOs) convened in...

Business

NDIC Switches From Remita To NIBBS For Defunct Heritage Banks Customers’ Settlement

The Nigeria Deposit Insurance Corporation (NDIC) has announced the adoption of the Nigeria Inter-Bank Settlement System (NIBSS) for payment of insured depositors of the...

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